408-410 Martin Luther King Jr Blvd
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408-410 Martin Luther King Jr Blvd
13,427 SF 22% Leased Retail Building Savannah, GA 31401 $3,500,000 ($261/SF)
Investment Highlights
- Located just 2 blocks from the Savannah Visitors Center
- redevelopment opportunity
- original historical details
- Great views of Downtown skyline
- STVR available
- creative space
Executive Summary
Great opportunity for redevelopment. Ground floor and basement are fully built out and would be ideal for Retail, Office or Restaurant. Upstairs are shells that could be redeveloped as additional offices, condos or rental units. Zoned Commercial and the sky is the limit. This space has been a creative location for over twelve years and is in an area that is alive with new development all around. From the upstairs and rooftop there are panoramic views of the Talmadge Bridge, Downtown Savannah and all the church steeples. Easy to show and prime for redevelopment. Easy access to I-16 and solid foot traffic with its proximity to The Savannah Visitors Center. One block south of Thrifty Center and easy walk to Downtown Savannah attractions.
Blueprints and build out plans available upon request.
Blueprints and build out plans available upon request.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
13,427 SF
Building Class
C
Year Built/Renovated
1903/2012
Price
$3,500,000
Price Per SF
$261
Percent Leased
22%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
0.96
Lot Size
0.32 AC
Zoning
D-C - D-C Downtown Commercial
Approved for 10 STVR on upper floors
Frontage
50 FT on Martin Luther King Jr Blv
Amenities
- Mezzanine
- Security System
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Smoke Detector
Walk Score®
Walker's Paradise (90)
Bike Score®
Very Bikeable (77)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,143,240 | |
| Land Assessment | $125,000 | Total Assessment | $1,268,240 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$125,000
Improvements Assessment
$1,143,240
Total Assessment
$1,268,240
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408-410 Martin Luther King Jr Blvd
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